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Answer above is incorrect What is the present value (PV) of an investment...

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imageAnswer above is incorrect

What is the present value (PV) of an investment that pays $120,000 every year for four years if the interest rate is 7% APR, compounded quarterly? A. $526,195 B. $404,765 C. $445,242 D. $485,718 What is the present value (PV) of an investment that pays $120,000 every year for four years if the interest rate is 7% APR, compounded quarterly? A. $526,195 B. $404,765 C. $445,242 D. $485,718

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